Refinancing Agreement definition

Refinancing Agreement as defined in Subsection 8.3(c).
Refinancing Agreement means each refinancing agreement in respect of the KfW Refinancing.
Refinancing Agreement means an agreement or agreements that would be a financing agreement except that (i) it refinances an asset acquired under the terms of a contract or contracts that is not a financing agreement solely by virtue of being dated prior to January 1, 1996, September 1, 2006, or January 1, 2007, and (ii) the sum of all payments to be made under such agreement is less than the sum of the payments under the contract or contracts it refinances.

Examples of Refinancing Agreement in a sentence

  • If, on or before the Refinancing Date, a Refinancing Agreement has been executed by all of its parties, then the full amount of the Withdrawn Advance Balance shall be paid to the World Bank as soon as the Refinancing Agreement becomes effective, by means of a withdrawal by the World Bank of such amount of the Refinancing Proceeds, in accordance with the provisions of the Refinancing Agreement.

  • Notwithstanding any provision to the contrary in the Standard Conditions, if, on or before the Refinancing Date, no Refinancing Agreement has been executed by all of its parties, or if, by such date or at any time thereafter, it has been so executed but terminates without becoming effective, then the Recipient shall not be obligated to repay the Withdrawn Advance Balance.

  • If, on or before the Refinancing Date, a Refinancing Agreement has been executed by all of its parties, the Recipient shall have the Financial Statements included in the first audit of financial statements required under the Refinancing Agreement.

  • Consequently, any reference to an Option A Lender shall include KfW IPEX and any reference to an Option A Refinancing Agreement shall include the Option A Refinancing Agreement deemed to have been entered into by KfW IPEX.

  • It is noted that all new staff must be vetted by the Teaching Council to be employed.


More Definitions of Refinancing Agreement

Refinancing Agreement means any credit agreement or other agreement between the Company and bank lenders pursuant to which the Company refinances borrowings under the Credit Agreement or another Refinancing Agreement.
Refinancing Agreement has the meaning assigned to such term in Section 7.07(b)(xii).
Refinancing Agreement means that certain Refinancing Agreement relating to the Aircraft dated as of October 1, 1995 by and among Lessee, Owner Participant, Original Loan Participant, Owner Trustee, Indenture Trustee and Pass Through Trustee."
Refinancing Agreement has the meaning set forth in the recitals to this Agreement.
Refinancing Agreement means any "refinancing" of the Subordinated Loan Agreement or any Refinancing Agreement (i.e., borrowing under a different credit agreement in which Paribas Capital Funding LLC is not a party and using the proceeds of such borrowing to repay all obligations under such refinanced agreement).
Refinancing Agreement has the meaning specified in Section 4.15 of Schedule 6.
Refinancing Agreement with respect to the Other Revolving Credit Agreement, a successor agreement or indenture satisfying the following criteria: (a) such successor agreement or indenture refinances in whole or in part, and replaces or refinances the commitments under the Other Revolving Credit Agreement, (b) either (i) the covenants, representations and warranties and events of default set forth in such successor agreement shall be equivalent to the corresponding provisions set forth in the Other Revolving Credit Agreement, or (ii) to the extent such provisions are more restrictive on the Borrower and its Subsidiaries than the provisions of this Agreement, the U.S. Borrower shall, contemporaneously with entering into such Refinancing Agreement, enter into with the Administrative Agent an amendment to this Agreement reasonably satisfactory to the Administrative Agent pursuant to which such more restrictive provisions shall be incorporated herein (the Lenders hereby authorizing the Administrative Agent to enter into such amendment), (c) such successor agreement shall not be guaranteed by any Person other than the Subsidiary Guarantors pursuant to the Subsidiary Guarantee and, if applicable, the Borrower and shall not be secured except pursuant to the Security Documents and (d) the lenders under such successor agreement (or an agent for such lenders) shall have entered into an intercreditor agreement with the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent, which shall, in any event, contain customary indemnities, liability limitations, exculpation provisions and other customary protective provisions in favor of the Administrative Agent, in its capacity as Agent under (and as defined in) the Subsidiary Guarantee and the Security Documents, substantially equivalent to those set forth in the corresponding provisions of the Other Revolving Credit Agreement.